Border zone mass transit demand in Brownsville and Laredo
AbstractThis study examines whether economic conditions in Mexico influence public transportation ridership levels in the border cities of Brownsville and Laredo, Texas. Besides the standard variables generally utilized to model bus ridership, additional indicators included in the empirical analysis are northbound pedestrian traffic and the real exchange rate index. Seemingly unrelated regression parameter estimates suggest that the volume of pedestrian border crossings in both cities is positively related to changes in ridership. The real exchange rate index in Laredo is negatively related to fluctuations in ridership, implying that peso appreciation increases transit utilization in this border city.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 42990.
Date of creation: 11 Aug 2012
Date of revision:
Municipal Transit Demand; Border Economics; Applied Econometrics;
Find related papers by JEL classification:
- R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-10 (All new papers)
- NEP-TRE-2012-12-10 (Transport Economics)
- NEP-URE-2012-12-10 (Urban & Real Estate Economics)
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